Bitcoin Price Targets $85K Rebound Amid Reduced Bearish Bets

Bitcoin Price Targets $85K Rebound Amid Reduced Bearish Bets

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Futures traders have significantly reduced their bearish positions on Bitcoin, a trend historically associated with substantial price rallies. This shift suggests a potential rebound for Bitcoin to $85,000, following previous instances where similar movements preceded surges of 70% and 190% in BTC price.

Bitcoin price may rebound to $85K as CME 'smart money' slashes shorts

Futures traders slashed bearish Bitcoin bets last month, a shift that preceded a 70% rally in 2025 and a 190% increase in the BTC price in 2023.